How will PPF make a Crorepati?  Let us know!

PPF, or Public Provident Fund, offers a pathway to becoming a crorepati through its systematic investment approach.

The key to success lies in consistent and regular investments in PPF.

Starting at the age of 25, depositing the maximum limit of Rs 1,50,000 between the 1st to 5th of the financial year initiates a lucrative interest cycle.

Depositing Rs 1,50,000 within the stipulated timeframe results in an interest of Rs 10,650 at the beginning of the next financial year.

The compounded interest formula comes into play, boosting the balance to Rs 1,60,650 on the first day of the following financial year.

Repeating this process annually substantially grows the account balance, reaching Rs 3,10,650 after the second year.

As the cycle continues, with the principal being deposited anew each year, the compound interest effect becomes more pronounced.

After 15 years of PPF maturity, the account balance can soar to an impressive Rs 40,68,209.

A significant portion of this wealth, Rs 18,18,209, is accrued purely from interest, showcasing the power of compounding.

PPF not only secures your financial future but also demonstrates the potential to create substantial wealth over time through disciplined and strategic investing.



Information provided is for educational purposes only. Consult a financial advisor for personalized advice.

Become a Crorepati in 20 Years: Your Monthly SIP Magic!